Retail sales in India recorded a 5 per cent growth in January this year compared to the sales in January 2024. Food and grocery registered the highest growth of 13 per cent, followed by consumer durables and quick service restaurants (QSR) The Union Budget 2025’s income tax exemption limit of Rs 12 lakh provides relief to retailers, says Kumar Rajagopalan, chief executive officer of RAI. In December, South India recorded the highest sales growth at 6 per cent. West and North India each recorded a5 per cent increase. East India lagged behind the other regions with a growth rate of 4 per cent in the same period. The sales growth in East India showed a growth of only 4 per%. The retail sector in December 2024 registered a sales growth of five per cent compared to. the same festive month of the previous year. The apparel and footwear sectors recorded a 4.% growth, while the jewellery segment grew by 3.% in December. Beauty and wellness, along with sporting goods, saw a 2% increase. The furniture and furnishing segment recorded the lowest growth at a mere 1 per cent at the end of December.
